Investcorp Funds Over $280 Million In Various Assets Classes

Investcorp Capital, an investor in private markets and a provider of capital and capital financing services in the alternative investments space and listed on Abu Dhabi Securities Exchange (ADX), on Monday said that it has funded over $280 million across various asset classes in the last six months.

As the only listed company on the ADX that provides investors with a range of global investing opportunities across private markets, the company has made strategic investments across multiple business lines including real estate, infrastructure and corporate investments.

The funding activity aligns with the Company’s business model to continue paying at least 8% dividends in equal semi-annual instalments, Investcorp said in a regulatory filing this morning.

The projects funded included two student housing properties totalling 914 beds at the University of Florida and at the University of Texas in Austin acquired for $160 million gross purchase price in June 2024, with Investcorp Capital funding approximately $70 million.

Both universities are ranked in the top 10 of public universities nationally in terms of academic quality and enrolment, according to US News & World Report. This is expected to continue to drive enrolment and population growth to sustain long-term demand on the two campuses.

Investcorp has acquired three US industrial acquisitions in August 2024, totalling approximately 1.5 million sq. ft., were funded by the Company with $98 million, contributing to a gross transaction cost of approximately $300 million. The investments further solidify the Company’s investment in key industrial markets across the Southern and Western US.

The company also provided $73.80 million in funding toward the acquisition of Stowe Family Law in September 2024, the largest specialist family law firm in the United Kingdom, from investment firm Livingbridge. Last year Stowe Family Law reported an annual turnover of $47.08 million.

Alongside the Public Sector Pension Investment Board, Investcorp invested $42 million in PKF O’Connor Davies, one of the largest accounting, tax and advisory firms in the US, in November 2024. PKF O’Connor Davies has an exceptional financial performance track record and is in a growth period.

Strong Activity

Investcorp Capital Executive Chairman Mohammed Alardhi said that in the last few months, Investcorp has witnessed strong activity across its portfolio in a diverse range of geographies. This update on the business activity and investment strategies to shareholders is a demonstration of the team’s allocations towards assets with attractive return profiles, he said.

Rohit Nanda, Chief Financial Officer, said that working in tandem with Investcorp Group, the company has made strategic investments in industries which show potential for consistent risk-adjusted returns as a result of positive tailwinds. The US industrial acquisitions are an example of our confidence in the asset class, which now represents nearly 60% of Investcorp’s real estate assets under management in the US.

“Similarly, our investment into PKF O’Connor Davies and acquisition of Stowe Family Law reflects our deep-rooted experience and expertise in the professional services sector, with a diverse portfolio globally. The professional services sector generally is witnessing an inflection point with new opportunities emerging from technological disruption and evolving client needs,” he added.